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SCN

It stands for snowball coupon note; a structured product in which the payment of a one-off conditional coupon- known as...

MHC

It stands for modified historical cost; an enhanced version of historical cost (HC) where specific assets/ liabilities are recognized at...

HC

It stands for historical cost; the original cost (acquisition price and other necessary costs) of an asset (and broadly any...

EOD

It stands for event of default; an occurrence that allows a creditor (lender) to identify a debtor's (borrower's) unlikeliness to...

ICAPM

A capital asset pricing model (CAPM) that is based on international diversification of risk across different countries. It incorporates factors...

FMR

It stands for fair market rent; the amount a landlord/ lessor would expect tenants/ lessees to pay each month against...

CMO+

An abbreviation for contra midpoint only plus; an order that is priced at the midpoint of the protected national best...

CCBS

It stands for cross-currency basis swap; a floating-for-floating swap that involves exchanging two streams of interest payments each denominated in...

ICF

It stands for Islamic crowdfunding; a form of financing that involves the combination of Islamic finance with crowdfunding so as...

BB

It stands for bugle bracket; a slang term that denotes the largest global banks that operate in all regions and...